Jacksonville University is a 501(c)(3) organization based in Jacksonville, Florida, registered in 1944, with $197,931,983 in FY2023 revenue. CharityIndex grades it A, and it directs about 82% of spending to programs.
Revenue (FY2023)
$197.9M
▲ 3.7% vs prior year
Education median: $200K
Expenses (FY2023)
$211.6M
Net assets
$97.1M
Employees
1,787
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Jacksonville University: 82% to programs · $7 to raise $100 earns a A on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Jacksonville University: 6 mo reserves · -7% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Jacksonville University: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Jacksonville University: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Jacksonville university empowers students for life-long growth as global citizens through a transformative, innovative educational experience, built on excellence in community-centered service.
Revenue grew from $115.6M (FY2013) to $197.9M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
-6.9%
Spent more than it raised in the latest fiscal year.
Total assets
$402.3M
Total liabilities
$305.2M
Net assets
$97.1M
Salaries & benefits
$66.8M
32% of expenses
Board members
25
23 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $197,931,983▲3.7% | $211,564,149▲11.4% | $97,095,446▼6.9% | $402,293,980▲4.7% | 990 |
| 2022 | $190,889,661▲6.7% | $189,944,057▲8.0% | $104,329,883▲5.8% | $384,273,459▲4.8% | 990 |
| 2021 | $178,973,477▲4.0% | $175,920,087▲10.2% | $98,654,246▼6.8% | $366,536,773▲1.3% | 990 |
| 2020 | $172,045,418▲5.9% | $159,594,847▼4.0% | $105,881,250▲18.9% | $361,875,229▲3.6% | 990 |
| 2019 | $162,482,722▲6.2% | $166,158,403▲5.5% | $89,066,865▼3.8% | $349,299,153▲1.6% | 990 |
| 2018 | $153,006,868▲10.4% | $157,482,048▲10.5% | $92,626,471▼3.7% | $343,816,211▲4.2% | 990 |
| 2017 | $138,564,082▲6.3% | $142,549,331▲7.6% | $96,207,725▼1.7% | $329,881,431▲36.6% | 990 |
| 2016 | $130,354,974▲7.7% | $132,504,141▲7.2% | $97,902,025▲1.2% | $241,510,612▲18.1% | 990 |
| 2015 | $121,020,981▲1.5% | $123,623,015▲8.0% | $96,745,134▼7.0% | $204,414,653▲3.4% | 990 |
| 2014 | $119,275,304▲3.1% | $114,479,867▼0.7% | $104,067,310▲3.2% | $197,693,074▲5.1% | 990 |
| 2013 | $115,639,754 | $115,320,116▲4.4% | $100,852,640▲6.9% | $188,159,854▲8.1% | 990 |
| 2012 | — | $110,444,944▲0.5% | $94,384,161▲5.2% | $173,999,814▲1.6% | 990 |
| 2011 | — | $109,905,260▲5.0% | $89,677,768▼1.3% | $171,205,635▲0.3% | 990 |
| 2010 | — | $104,707,047▲11.2% | $90,831,005▲7.6% | $170,662,767▼4.7% | 990 |
| 2009 | — | $94,169,708 | $84,442,063 | $179,074,157 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Timothy P Cost — $1,355,129 (0.64% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Timothy P Cost | President | 40 | $1,355,129 |
| Nicholas Allard | Dean, College of Law | 40 | $370,854 |
| Dr Christine Sapienza | Executive Vp, Partnership & Development | 40 | $365,677 |
| Jordan Mincy | Head Coach, Men's Basketball | 40 | $353,536 |
| Alex Ricker-gilbert | Svp, Athletic Director | 40 | $306,272 |
| Barbara Ritter | Dean, Dcob | 40 | $286,562 |
| Eman Othman | Assistant Professor Orthodontics | 40 | $277,102 |
| Randal Freebourn | Senior Vp, Cfo | 40 | $264,913 |
| Sherri Jackson | Interim Provost | 40 | $207,233 |
| Amy Berg | Trustee | 1 | — |
| Audrey Moran | Trustee | 1 | — |
| Barry Gleichenhaus | Trustee | 1 | — |
| Charles Joseph | Trustee (thru May 2024), Secretary & Advocate (beg. May 2024) | 1 | — |
| Clay Meux | Trustee | 1 | — |
| Cynthia Chomiak | Trustee (thru May 2024) | 1 | — |
| Dane Grey | Trustee | 1 | — |
| Frank Martire | Treasurer | 1 | — |
| G Ray Driver | Trustee | 1 | — |
| Jamie Shelton | Secretary & Advocate (thru May 2024) | 1 | — |
| Jannet Walker Ford | Trustee | 1 | — |
| Contractor | Services | Paid |
|---|---|---|
| Aramark Business Services | Dining Services/facilities | $7,668,277 |
| Trane Us | Heating/ac Repair | $1,525,306 |
| Aerosim Academy Inc | Student Flight Lessons | $1,152,734 |
| Commercial Construction Services | Construction Services | $931,500 |
| Ellucian Company LP | Computer Erp Services | $701,957 |
199 grants to Jacksonville University totaling $17.2M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Community Foundation For Northeast Florida Inc | For general operating support | 2024 | $333,000 |
| Ayco Charitable Foundation | Education | 2024 | $273,750 |
| The Community Foundation For Northeast Florida Inc | To support the launch of the women's health innovation network (whin) hub in fall 2024 | 2024 | $250,000 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $200,500 |
| The Community Foundation For Northeast Florida Inc | Virtual nursing program | 2024 | $140,799 |
| The Community Foundation For Northeast Florida Inc | Commitment payment | 2024 | $125,000 |
| Foundation For the Carolinas | Charitable gift | 2024 | $100,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $80,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2024 | $75,000 |
| National Christian Charitable Foundation | Colleges and universities | 2024 | $75,000 |
| The Community Foundation For Northeast Florida Inc | This amount is to be split three (3) ways: c. edward bryan memorial endowed scholarship fund - $18,333.33, sheldon byan memorial scholarship endowment fund - $18,333.34 and burton c. bryan memorial library endowed fund - $18,333.33 | 2024 | $55,000 |
| The Community Foundation For Northeast Florida Inc | Tim and stephanie cost giving back/giving forward scholarship fund | 2024 | $50,000 |
| The Community Foundation For Northeast Florida Inc | Zimmerman scholars program | 2024 | $50,000 |
| The Community Foundation For Northeast Florida Inc | Golf facilities | 2024 | $50,000 |
| The Community Foundation For Northeast Florida Inc | For enhancement of programs in the college of business that are dedicated to the perpetuation of the free enterprise system and private entrepreneurship | 2024 | $32,126 |
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Data for Jacksonville University (EIN 59-0624412) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.